Merchandise Trade

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Since April 1987, Singapore’s merchandise trade statistics are compiled by Enterprise Singapore from the following information submitted to Singapore Customs:

Import and export permits submitted by traders or declaring agents;
Data on postal packages furnished by Singapore Post Limited; and
Statement on bunker fuel, aircraft fuel and stores supplied to non-Singapore-registered ships and aircraft furnished by shipping and aircraft agents.

Prior to April 1987, merchandise trade statistics were compiled by the Singapore Department of Statistics from the same sources.

The Standard International Trade Classification (SITC), Revision 4.1 is used for merchandise trade statistics from 1999, and SITC, Revision 3 for data prior to 1999.

Data

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Key Indicators

Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Merchandise Trade
Total Trade at Current Prices	S$m	Dec-24	116,278.8	19.0	110,132.3	4.9
Total Exports at Current Prices	S$m	Dec-24	60,142.9	14.6	58,330.2	5.0
Domestic Exports	S$m	Dec-24	23,684.7	5.1	23,438.7	-5.6
Non-oil Domestic Exports	S$m	Dec-24	15,227.6	9.0	14,974.3	3.4
Re-exports	S$m	Dec-24	36,458.2	21.8	34,891.5	13.5
Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Total Imports at Current Prices	S$m	Dec-24	56,135.9	24.0	51,802.1	4.9
Total Trade at Current Prices	S$m	2024	1,285,864.5	6.6	1,205,722.6	-11.7
Total Exports at Current Prices	S$m	2024	674,505.0	5.7	638,403.5	-10.1
Domestic Exports	S$m	2024	286,597.7	0.5	285,053.0	-13.5
Non-oil Domestic Exports	S$m	2024	173,600.7	0.2	173,170.9	-13.1
Re-exports	S$m	2024	387,907.3	9.8	353,350.5	-7.1
Total Imports at Current Prices	S$m	2024	611,359.4	7.8	567,319.1	-13.4

Data are preliminary when first released.
1. Refers to % change in latest period over the same period in the previous year.
2. Refers to % change in the previous period over the same period in the previous year.

Merchandise Trade by Commodity Section/ Division

Title : Merchandise Trade By Commodity Section, (At Current Prices), Monthly

Thousand Dollars

Data Items	2024 May	2024 Jun	2024 Jul	2024 Aug	2024 Sep	2024 Oct	2024 Nov	2024 Dec
Total Merchandise Trade, (At Current Prices)	109,494,400	100,854,309	112,193,161	105,709,528	103,512,460	107,525,960	110,132,324	116,278,793
Oil	22,411,806	18,757,682	21,247,219	18,423,054	15,686,653	17,510,050	18,061,885	18,488,974
Non-Oil	87,082,593	82,096,627	90,945,942	87,286,475	87,825,806	90,015,910	92,070,439	97,789,819
Total Merchandise Imports, (At Current Prices)	52,681,450	48,845,924	52,965,176	49,948,953	49,068,356	51,415,560	51,802,132	56,135,912
Oil	10,854,460	9,159,742	11,074,495	9,114,922	7,420,139	9,243,615	9,269,639	9,869,429
Non-Oil	41,826,990	39,686,183	41,890,680	40,834,031	41,648,217	42,171,945	42,532,493	46,266,482
Total Merchandise Exports, (At Current Prices)	56,812,950	52,008,385	59,227,985	55,760,575	54,444,104	56,110,400	58,330,193	60,142,882
Oil	11,557,347	9,597,941	10,172,724	9,308,131	8,266,515	8,266,435	8,792,246	8,619,544
Non-Oil	45,255,603	42,410,444	49,055,262	46,452,444	46,177,589	47,843,965	49,537,947	51,523,337
Total Domestic Exports, (At Current Prices)	25,555,265	22,945,653	26,421,304	23,984,045	21,966,728	22,147,837	23,438,698	23,684,686
Oil	11,369,523	9,359,760	10,043,147	8,980,339	8,073,502	8,071,388	8,464,369	8,457,135
Non-Oil	14,185,742	13,585,893	16,378,156	15,003,706	13,893,226	14,076,449	14,974,329	15,227,551
Total Re-Exports, (At Current Prices)	31,257,685	29,062,731	32,806,682	31,776,530	32,477,376	33,962,563	34,891,495	36,458,195
Oil	187,824	238,180	129,576	327,792	193,013	195,047	327,877	162,410
Non-Oil	31,069,861	28,824,551	32,677,105	31,448,738	32,284,364	33,767,516	34,563,618	36,295,786

SOURCE : ENTERPRISE SINGAPORE

Footnotes

Prior to 2003, merchandise trade data exclude Singapore's merchandise trade with Indonesia. Data prior to 1999 are based on Standard International Trade Classification (SITC) 3. Data from 1999 onwards are based on SITC 4.1 and consistent with the ASEAN Harmonised Tariff Nomenclature (AHTN) 2022 version.

Merchandise Trade By Commodity Section (At Current Prices), Monthly

Merchandise Trade By Commodity Section, (At 2023 Prices), Monthly

Merchandise Imports By Commodity Division, Monthly

Merchandise Imports Of Machinery And Equipment, Monthly

Merchandise Exports By Commodity Division, Monthly

Merchandise Exports Of Machinery And Equipment, Monthly

Domestic Exports By Commodity Division, Monthly

Domestic Exports Of Major Non-Oil Products, Monthly

Re-Exports By Commodity Division, Monthly

Re-Exports Of Machinery And Equipment, Monthly

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